TL;DR, Under the Kenya VASP Act, Kenya replaced the 3% Digital Asset Tax with a 10% excise on exchange fees; regulators also confirm no VASP is licensed yet. CBK will oversee payment-focused VASPs; CMA handles securities-like tokens. Regulations are pending, so firms should prepare AML, governance, and disclosure programs now. Kenya is shifting…
Nigeria crypto regulations drive transformative clarity for investors and digital innovation. The ISA 2024 enables robust compliance and transparency, fostering trust across virtual asset landscapes. Digital Assets Laws in Africa paves pathways for sustainable growth, positioning Nigeria as Africa’s digital finance hub. Nigeria crypto regulations have finally taken a leap of faith with President Bola…
TL;DR, New Abu Dhabi blockchain regulation mandates strict oversight, including a requirement for custodians to hold at least $250,000 in base capital, ensuring a secure environment for institutional investors. The partnership between ADGM and the Solana Foundation bridges the gap between decentralized technology and traditional law, offering DAOs legal personhood and a structured framework for…
TL;DR, Zimbabwe crypto regulation study launched June 12 with committee collecting data from local crypto companies, submission deadline June 26, aiming to map ecosystem and address money laundering risks. Government seeks comprehensive understanding of virtual asset industry through consultative approach, inviting both local and international firms to contribute to upcoming regulatory framework. Facing ongoing economic…
You must be logged in to post a comment.